bitbank vs bitFlyer
- Comparing
- two exchanges
- Decided by
- Editorial rating
- Last reviewed
- 2026-08-23
FSA-registered Japanese order book that pays makers a rebate rather than charging them, with full yen deposits and withdrawals.
Japan's most established exchange, deeply wired into the domestic banking system, with a beginner screen whose spread costs far more than its order book.
Verdict: bitbank
bitbank rates higher on our rubric: 4.4 against 4.2 for bitFlyer.
- Criterion
- Editorial rating
- bitbank
- 4.4
- bitFlyer
- 4.2
bitbank and bitFlyer, fact by fact
Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.
| Fact | bitbank | bitFlyer |
|---|---|---|
| Editorial rating | 4.4 (favoured on this row) | 4.2 |
| Published fees | Maker rebate of 0.02% | Lightning 0.01% to 0.15% |
| Maker fee | A rebate of 0.02 percent, paid to you rather than charged | Tiered from 0.01 to 0.15 percent on Lightning |
| Taker fee | A published taker rate; check the current schedule before crossing the spread | Tiered from 0.01 to 0.15 percent on Lightning |
| Identity verification | Required | Required |
| Bitcoin-only | No | No |
| Payment rails supported | 1 | 1 |
| Countries ranked in | 1 | 1 |
| Ranks first in | 1 | 0 |
| Countries shared | 1 | 1 |
| Security record | No record on file | No record on file |
| Founded | 2014 | 2014 |
| Headquarters | Tokyo, Japan | Tokyo, Japan |
| Last reviewed | 2026-08-23 | 2026-08-23 |
Where both bitbank and bitFlyer are ranked
Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.
| Country | Status | bitbank ranks | bitFlyer ranks | Comparison |
|---|---|---|---|---|
| Japan | Legal | #1 | #3 |
JapanFrequently asked questions
Is bitbank or bitFlyer better?
bitbank rates higher on our rubric: 4.4 against 4.2 for bitFlyer. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.
Which is cheaper, bitbank or bitFlyer?
bitbank: Maker rebate of 0.02%. bitFlyer: Lightning 0.01% to 0.15%. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.
Where can I use both bitbank and bitFlyer?
Both are ranked in our guides for Japan. bitbank is ranked in 1 countries in all and bitFlyer in 1; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.
Has bitbank or bitFlyer had a security incident?
bitbank carries no dated security record on our review yet, a gap in our records rather than a clean bill. bitFlyer carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.
Do bitbank and bitFlyer require ID verification?
bitbank: required. bitFlyer: required.
The full reviews: bitbank and bitFlyer, each with its sources, and every exchange we review.
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